1. An example of government's capital expenditure is

Question

1. An example of government's capital expenditure is

Asked on April 11, 2026Economics

This economics question tests your understanding of economic models and analysis. The step-by-step answer below applies the relevant framework and explains the reasoning.

Accepted Answer · 2026-04-11T10:56:55.752Z

Here are the answers to the questions: 1. An example of government's capital expenditure is Capital expenditure refers to spending on assets that provide long-term benefits. Constructing new roads is an investment in infrastructure. D. Cost of constructing new roads 2. 10 bags of wheat bought for $50 by a flour miller were sold for $65. What is the Value Added Tax payable by the flour miller if the tax rate is 5%? Step 1: Calculate the value added by the flour miller. $$ \text{Value Added} = \text{Selling Price} - \text{Buying Price} = \$65 - \$50 = \$15 $$ Step 2: Calculate the VAT payable

1. An example of government's capital expenditure is

1. An example of government's capital expenditure is

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